Republic of Korea: Tomato Ketchup And Paste Market 2020

Tomato Ketchup And Paste Market Size in Republic of Korea

The revenue of the tomato ketchup and paste market in South Korea amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. In that year, the tomato ketchup and paste market reached their peak level of $X. From 2015 to 2017, growth of the tomato ketchup and paste market stood at a somewhat lower level.

Tomato Ketchup And Paste Exports from Republic of Korea

In 2017, exports of tomato ketchup and paste from South Korea amounted to X tonnes, standing approx. at the previous year. Overall, tomato ketchup and paste exports continue to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. Over the period under review, the tomato ketchup and paste exports reached its peak figure volume of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, tomato ketchup and paste exports amounted to $X in 2017. Overall, tomato ketchup and paste exports continue to indicate a deep drop. The exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Tomato Ketchup And Paste Exports by Country from Republic of Korea

Japan (X tonnes), Nigeria (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of tomato ketchup and paste exports from South Korea, together comprising X% of total exports. These countries were followed by the Philippines and China, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Japan ($X) and the United Arab Emirates ($X) appeared to be the largest markets for tomato ketchup and paste exported from South Korea worldwide, together comprising X% of total exports. These countries were followed by the Philippines and China, which together accounted for a further X%.

In terms of the main countries of destination , the Philippines (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Tomato Ketchup And Paste Export Prices by Country in Republic of Korea

The average tomato ketchup and paste export price stood at $X per tonne in 2017, remaining constant against the previous year. Overall, tomato ketchup and paste export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2009, when the average export prices increased by X% year-to-year. The export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Philippines ($X per tonne), while average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Nigeria (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Tomato Ketchup And Paste Imports into Republic of Korea

In 2017, tomato ketchup and paste imports into South Korea totaled X tonnes, picking up by X% against the previous year. In general, tomato ketchup and paste imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Over the period under review, the tomato ketchup and paste imports attained its maximum volume of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, tomato ketchup and paste imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the tomato ketchup and paste imports reached their peak level of $X. From 2015 to 2017, growth of the tomato ketchup and paste imports stood at a somewhat lower level.

Tomato Ketchup And Paste Imports by Country into Republic of Korea

China (X tonnes), the U.S. (X tonnes) and Chile (X tonnes) were the main suppliers of tomato ketchup and paste imports to South Korea, together comprising X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S. (+X% per year), while the other leaders experienced mixed trend patterns.

In value terms, China ($X), the U.S. ($X) and Chile ($X) were the largest tomato ketchup and paste suppliers to South Korea, with a combined X% share of total imports.

In terms of the main suppliers , China (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trend patterns.

Tomato Ketchup And Paste Import Prices by Country in Republic of Korea

In 2017, the average tomato ketchup and paste import price amounted to $X per tonne, falling by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009, an increase of X% against the previous year. In that year, the average import prices for tomato ketchup and paste attained their peak level of $X per tonne. From 2010 to 2017, growth of the average import prices for tomato ketchup and paste failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per tonne), while prices for tomato ketchup and paste imports from China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform